Biofuel threat to poultry businesses
UK - Sky high cereal prices and compounders being forced to import half of their cereals from the other side of the world for poultry feed. One German researcher believes this is set to come true if the EU pushes ahead with its ambitious biofuel policy.Hans-Wilhelm Windhorst of the University of Vechta in Germany presented this chilling assessment at the recent International Egg Commission conference in London.
He predicted that one quarter of all arable land in the EU will be needed for biofuel crops if the EU is to meet its own target.
Growth in the EU is being driven by the EU Directive 2003/30. Currently, biofuel accounts for 1.2% of total transport fuel use and under the directive, the target is to increase this to 5.75% by 2010.
Source: Fwi.co.uk